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CICA’s NEXTGen Leaders Recognized in Captive Review’s Power 50: Ones to Watch

Feb 19, 2020
Hackett, Davis, Hsi and Lakhanpal recognized for serving and protecting the captive industry.

Ones to Watch collageMINNEAPOLIS ─ Feb. 18, 2020 ─ Captive Review’s Power 50: Ones to Watch list, announced this week, includes several members of the Captive Insurance Companies Association’s (CICA’s) NEXTGen Task Force, Erin Hackett, Ian Davis, Karen Hsi and Prabal Lakhanpal. 

“This recognition of members of CICA’s NEXTGen taskforce reflects the expertise and knowledge they provide to make sure the organization is meeting the needs of young professionals. Our board of directors is very supportive of this initiative and is very serious about our commitment to developing the next generation of captive professionals,” CICA President Dan Towle said. 

The Ones to Watch list recognizes individuals who have recently risen to prominence in the industry and that will be looking to make their mark in the years ahead. Lauren Ingram, editor, Captive Review, said “Prabal Lakhanpal, Erin Hackett, Ian Davis and Karen Hsi are all very talented young leaders in the captive industry and their inclusion in the Ones to Watch list is an indication that they have bright futures ahead. It is a happy chance that they are also on the CICA NEXTGen Task Force—obviously it fosters incredible talent!”

Captive Review summarized their early accomplishments:
  • Erin Hackett is a senior audit manager at Crowe who was just appointed to CICA’s board last year, making her the youngest appointee ever. She was recognized for her decade of audit experience in the insurance industry while also being the chair for the NEXTGen Task Force. 
  • Ian Davis, director of financial services, State of Vermont, has only held the position for a couple years but is recognized for already becoming the face of the regulator, engaging the U.S and international captive industry with his charm and skill. 
  • Karen Hsi, program manager, University of California, was recognized for already having two captives and a risk retention group under her management, while also playing a part in the strategic side of the larger captive program. 
  • Prabal Lakhanpal, is vice president, Spring Consulting Group, where they have specialties including employee benefits and cell captives. Lakhanpal is recognized for being an emerging talent, often writing blogs on topics and speaking at conferences for Spring Consulting Group.

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